Brief: Asiatic Group Says Unit Received A Letter To Shorten Term Of Power Purchase Agreement

Asiatic (Holdings)

11/02/2021 10:32

Feb 11 (Reuters) - Asiatic Group (Holdings) Ltd  ATIC.SI :
    * ASIATIC GROUP (HOLDINGS) LTD -  UNIT RECEIVED A LETTER
FROM EDC
IN CAMBODIA TO SHORTEN TERM OF POWER PURCHASE AGREEMENT
    * ASIATIC GROUP (HOLDINGS) - EDC TO CONTINUE TO PAY COLBEN
CAMBODIA AT 65% OF CONTRACTED CAPACITY UP TO 31 AUGUST AS AGREED
IN AMENDMENT
    * ASIATIC GROUP- SHORTENING OF AMENDMENT IS EXPECTED TO HAVE
A
NEGATIVE EFFECT ON EARNINGS PER SHARE FOR CURRENT FY ENDING 31
MARCH

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